About: lishitong
Recent Posts by lishitong
Will the Japanese Yen See a Big U-Turn in 2023?
On Wednesday, the Bank of Japan released a summary of opinions from its December meeting. The meeting, originally held on 20 December, saw the BoJ increase its 10-year benchmark yield ceiling in a surprise move that boosted the yen over 3% by investors betting on a Hawkish turn by the BoJ. However, Wednesday’s summary revealedContinue Reading
Learn How To Trade Contract For Differences (CFD)
Learn How To Trade CFDs CFD allows traders to earn from price movements of underlying assets such as stocks and currencies without actually owning them. Learn how you can trade CFD. Contracts For Differences (CFDs) are financial contracts between brokers and traders which involve the latter paying for an asset’s price differences between its openingContinue Reading
Bank of Japan’s Surprise Bond Cap Raise
Japan’s outgoing central bank governor Haruhiko Kuroda surprised markets with an increase of 25 basis points on the cap for the BoJ’s 10-year yields, effectively doubling the limit. The surprise has caught economists by surprise in light of the BoJ’s extreme dovishness even as the rest of the world embraces tightening. While the BoJ hasContinue Reading
